Business

The opening of Zara and H&M in Hanoi after their success in HCM City has shown the thirst for international brands among Vietnamese people, especially young people.

The third national startup festival (Techfest) 2017 opened in Hanoi on November 14, targeting to express a strong entrepreneurial spirit and startup support into the community.

Credit card holders will not be allowed to withdraw cash in excess of USD220 for domestic transactions and USD1,300 in foreign currency under a draft circular released recently by the State Bank of Vietnam.

Lobster farmers in Phu Yen Province are in need of new loans to continue their business after most of their farms were damaged in Storm Damrey.

VietJet Aviation JSC plans to expand its fleet to include wide-body jets as the Vietnamese low-cost carrier considers California as its first U.S. destination starting in the next two years.

Average salaries at Phu Quoc Special Economic Zone would be USD13,500 to USD28,600 by 2030 compared to the current USD2,200 in Vietnam, an official has said.

The soon-to-be-introduced Mai Linh Bike, known as M.Bike, will provide more options for app-based motorbike transport services and join UberMoto and GrabBike.

The Government Inspectorate has pointed out violations at a 300-hectare golf course project in the northern province of Hoa Binh.

The National Assembly (NA) at a meeting on Monday morning passed a resolution on 2018 budget estimates with 86.56 per cent of approval votes.

The national flag carrier Vietnam Airlines and US aerospace manufacturer Pratt & Whitney signed a contract worth over 1.5 billion USD in the presence of President Tran Dai Quang and US President Donald Trump in Hanoi.

Trade ministers from 11 member countries of the Trans-Pacific Partnership have agreed on core elements of the pact, which is from now on called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Vietnam-Korea Business Partnership 2017 program hears of growing interest among South Korean business in M&As in Vietnam.

Minister of Industry and Trade Trần Tuấn Anh said yesterday that an agreement in principle on the Trans-Pacific Partnership (TPP-11) could not be reached as planned because several outstanding issues could not be resolved.

Ho Chi Minh City People's Committee has proposed to increase investment for the Ben Thanh-Tham Luong metro project and delay its completion date to 2024.

State President Tran Dai Quang and Japanese PM Shinzo Abe on November 10 witnessed the signing ceremony of cooperative documents worth US$5 billion between the two nations’ ministries, agencies and businesses.

National flag carrier Vietnam Airlines will sell more shares to foreign investors, including possibly another airline, as part of its larger efforts to expand its fleet to meet growing travel demand.

Vietnamese property developer BIM Group is co-operating with Asian-based global hospitality group Regent Hotels & Resorts to develop the first six-star resort on Phú Quốc Island.

France has completed procedures to export around 3,000 tonnes of potatoes to Vietnam in the first quarter of next year.

Vietnam could be among the top 20 economies by 2050, projected PricewaterhouseCoopers (PwC) in a report on its perspectives on Vietnam.